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Genus gets green light to launch GSS
Using GSS, farmers can produce female calves for milk.
A ruling by the US District Court in Wisconsin removes contractural restrictions which prevented Genus subsidiary ABS Global from launching an alternative to existing solution Sexing Technologies, owned by Inguran. The court decision effectively breaks the latter’s monopoly on this market.
Other companies in the US who use Sexing Technology have to provide a year’s notice before using GSS, which may slow uptake.
Peel Hunt analyst Charles Hall says the ruling provides Genus with the chance to greatly reduce its GSS license fee, expand its market and supply its products to third parties. (LMJ)